CryptoQuant's chief predicts the demise of many altcoins.
A 2025 Altcoin shakeup?
Ki Young Ju, the maverick CEO of CryptoQuant, is calling the upcoming altcoin season a "selective" one, with only strong, financially sound projects set to dominate the market.
In the thick of the crypto chaos, as Bitcoin slumps to a mere $88,200 and the Fear and Greed Index plummets to 25, Ju's prediction couldn't be more timely.
"The recent market correction, marked by considerable liquidations, even in coins like Solana, and the decline in total market capitalization to $3.13 trillion, hints at potential capitulation," says a senior analyst from IntoTheBlock in an interview with Cointelegraph.
Meanwhile, Redstone's operational director, Marcin Kazmerczak, suggests that some altcoins are recovering in price despite low user activity, a sign of an early market cycle. As user numbers grow, so does market stability and potential growth.
Remember when CryptoQuant warned about the potential for a bearish Bitcoin phase due to waning investor appetite? Well, here we are.
Altcoins to Watch Out for:
While Ju hasn't specifically named the coins he believes will outperform, analysts are keeping an eye on Ethereum due to its robust futures market and potential price swings. In fact, Ethereum seems to be the focus for many investors right now.
Others, like João Wedson, imagine that an altcoin season is already underway, with numerous altcoins surpassing Bitcoin in recent trades. Top altcoins like Ripple and Ether are holding their ground and promising promising gains ahead.
Crypto Rover's predictions hint at financially solid altcoins experiencing massive price spikes as selling pressure eases, potentially providing returns up to 10 times the investment.
But be warned, for specific predictions from Ki Young Ju, you'll need more concrete statements or official reports from the man himself.
Technology plays a crucial role in the selection of promising altcoins, as it powers the development and operation of these digital assets.
Investors are keenly watching top altcoins such as Ethereum, Ripple, and Ether, with expectations of significant returns as the market becomes more stable and the altcoin season unfolds.
